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Loan Officer Convicted of Bank Fraud

Find out what's coming up on Canton-Sixes Patch today and what you might have missed overnight.

1. Temperatures are expected to reach the triple digits this weekend, and the  as well as the Ready Georgia campaign want to remind people of .

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2. Daniel Baxter, a 27-year-old Ball Ground man who was arrested Wednesday in connection with the under the age of five, is in the  without bond, said Lt. Jay Baker, spokesman for the .

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3. weighed in Thursday on the U.S. Supreme Court's 5-4 decision to uphold a key provision of the Patient Protection and Affordable Care Act. The requirement for nearly all Americans to secure health insurance is permissible, the Court ruled.

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4. Watch and , the candidates for Post 1, discuss the issues at this week's .

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5. There was another conviction this week in a case involving a former Canton resident and two other top officials of the failed FirstCity Bank of Stockbridge. Clayton A. Coe, 45, of McDonough, pleaded guilty June 26 "to bank fraud in connection with an $800,000 loan that he tricked FirstCity Bank’s Board of Directors into approving and from which he personally profited. He also pleaded guilty to filing a false federal income tax return with the IRS that omitted nearly a half million dollars of income from his job at the bank," United States Attorney Sally Quillian Yates said in a news release. Sentencing is scheduled for 10 a.m. Sept. 18 before United States District Judge Steve C. Jones. In October, former Canton resident Mark A. Conner pleaded guilty to charges of conspiracy to commit bank fraud and perjury in connection with a personal bankruptcy filing earlier this year. His sentencing, which was originally scheduled for Jan. 31, has been pushed to July 12.

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Roy Weatherby June 29, 2012 at 09:31 pm
"I'm with the bank. Let me help you"
Hence the success of credit unions.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
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